Mini budget. Major problems.
Many Happy Returns
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The Rate of Change of the UK Government Borrowing Market
In january last year, the rate was less than zero per centht in the creove crisis. The end of last week, it was three point five % and now it's four point five%. So it's just going up and up and up because people don't think there's going to be demand for it,. People are shunning government debt in the u k. Debt simply becomes unaffordable at current prices. And so wouare expecting the housing market bubble not to be burst even though we've got the stamp duety reduction, is unrealistic I think.
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